Setting Up Business in UAE

The UAE has no problem in attracting foreign investors. It is also renowned for its efficient admin, infrastructure and sleek licensing. The government actively encourages a free and harmonious economic policy.

No taxes

This is often regarded as the primary and foremost reason. The government offers attractive tax incentives to businesses operating in the country. There are currently no foreign exchange controls, trade barriers and no personal or corporate taxes. Only oil, gas, and petrochemical companies and branch office of foreign banks are required to pay taxes.

Diversified economy

As mentioned earlier, aside from the petroleum industry, the UAE has seen sustained growth in tourism, science and technology. Almost 60 percent of Dubai’s GDP in 2011 is from trade, logistics, transportation and tourism. This grew by 3.4 percent, and by 4.6 percent by the end of 2012.

Free Trade Agreements

With the exemption of companies in the free zone, UAE-based businesses can enjoy duty free trade with all countries in GCC. This includes Saudi Arabia, Qatar, Kuwait, Oman and Bahrain as its members.

Strategic Location

The UAE lies at the heart of a strategic, geographic crossroads where trade, commerce and diverse cultures have co-existed and interacted for hundreds of years. Chinese businesses see it as a hub for Africa. Latin American see it as a launch pad into South Asia. Western multi-nationals use UAE as a hub for the Middle East.

Low import duty

Import duty and taxes are due when importing goods into UAE whether by a private individual or a commercial entity. Duty rates in UAE vary from 0% to 100%, with an average duty rate of 4.61%. Some goods can be imported free of duty such as laptops and other electronic products.

World-class Infrastructure

Infrastructure in the UAE is extremely well-developed. For instance, the size and sophistication of its two ports, Port Rashid and Jebel Ali Port. It is also home to the Arab world’s largest airline, Emirates Airlines.

• Business Consultants in Dubai
• Legal Consultants in Dubai
• Dubai Lawyers
• Lawyers in UAE
• UAE Law Firms

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Law Firm UAE

Many companies are very careful in hiring legal counsel to help them with their operations especially if it is an offshore company in UAE that does not have much knowledge of the ins-and-out of corporate law in the Middle East. Thus, it is very important to find a law firm UAE based that has an outstanding reputation when it comes to outsourced legal services. Motei has a long experience when it comes to offering this kind of service as it has the best advocate in Dubai for any kind of corporate legal matters that need to be attended ensuring efficient and commendable service.

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Set Up Business in Dubai

• Business Consultants in Dubai
• Legal Consultants in Dubai
• Dubai Lawyers
• Lawyers in UAE
• UAE Law Firms

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Set Up Company in Dubai

One of the most popular business destinations in the UAE is Dubai. From a local trading community, the emirate has now become a business hub for investors. It has a strategic location that gives easy access to around 2.2 billion consumers.

Dubai is also well-known for its unique centralized time zone, which combines East and West business hours. The emirate offers businessmen operating conditions that are among the most liberal and attractive in the region.

In terms of its economic performance, the UAE has been the most successful within the GCC (Gulf Cooperation Council) region for diversifying away from oil. The country continues a legacy like no other, holding its position as a veritable shrine to business and commerce.

• Business Consultants in Dubai
• Legal Consultants in Dubai
• Dubai Lawyers
• Lawyers in UAE
• UAE Law Firms

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Lawyers in Dubai

Motei has the best lawyers in Dubai that can help facilitate any legal processes concerning businesses from the business set up, any kind of commercial transactions, corporate advisory to help strengthen businesses, debt recovery to help companies financially, dispute resolution to iron out any problems, employment needs and real estate. With the best advocates in Dubai, they have been able to help many businesses in various industries as these Dubai attorneys operate with the guidance of their corporate values grounded on integrity, quality, responsiveness and respect when dealing with their customers with the overall objective of giving the best legal counsel and services.

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Free zones: Making the best business decisions

Twenty years ago Patrick Crosbie established his first SME business in London. The process took a couple of days and cost £60 ($92.50), which he recalls being significant for the small tech start-up he established. By the end of a week he had the company confirmed, a bank account opened and a VAT number from the tax office. Being Irish he didn’t need a UK visa, and there was no requirement for an office. Like many start-up companies he planned global domination from a spare room.

He reflects on this experience because following relocation to the UAE eight years ago he set up his first free zone licence at the RAK Free Zone, and then a couple of years later moved the business onshore to set up a DED (Dubai Economic Department) trade licence with an office in Dubai Investments Park. Establishing both businesses gave a contrasting experience of creating a legal entity with the paperwork and costs being very different to that first company back in London. A further four years working at one of the country’s best known company formation businesses gave him the view from the other side of the desk, gaining first-hand experience of how the free zone model (and required procedures) operates in the Middle East.

Finding a business setup consultant for free zones

The process of setting up a free zone business has become more streamlined in recent years, but it still requires a high degree of know-how to get the paperwork in order, and to know where to start the process. Some of the free zones (such as DMCC) have invested heavily in Salesforce CRM to make the paperwork processing run smoother, and prospective clients can even use their website to apply online and upload the required documents.

If someone prefers to speak to a consulting firm rather than going directly to a specific free zone, there are many, many vendors in the market that specialise in business set up. However, it is advisable to seek experienced businesses who have been operating for a while as some of these businesses come and go and offer varying levels of expertise.

Businesses such as Synergy Group or Virtuzone have stood the test of time, and have the experience of setting up thousands of trade licences and visas. In many cases, handing over the free zone set up process to an external consultant can save you from running around in circles and even from selecting the incorrect type of trade licence for your type of business.

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Divorce Lawyer in Dubai

Marriages do not really last for most couples. This is the reason why divorce has become a very common legal procedure in most countries and cities including Dubai. For couples who want to have the best divorce lawyer in Dubai to help them get through this very intricate and emotional legal proceeding, getting the services of the best advocates in Dubai, specifically family lawyers in Dubai, is the most advantageous option. This is where Motei can be of great help. It understands how stressful divorce can be that is why they only have the best lawyers to help couples go through this very tedious process.

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